Chinese Companies to Help Build Russian Transbaikal Plant RIA Novosti, PUBLISHED 20.05.2014 Chinese construction giant China Triumph and energy leader Sinopec Corp. will join Russian uranium holding Atomredmetzoloto (ARMZ) in building a cement plant in the Russian city of Krasnokamensk near the Chinese border, ARMZ announced Monday. The plant, with a 1,000-ton daily capacity, will be part of a mining cluster planned in the Transbaikal region, with a resource base at the Ust-Borzinskoye limestone reserve and Urtuisky coal strip mine. Both sites belong to Russia's largest uranium miner, Priargunsky Mining and Chemical Manufacturing Association, part of the ARMZ holding. ARMZ is owned by Russian state nuclear corporation Rosatom. China Triumph International Engineering Co., Ltd. is the world's second largest complex construction material manufacturer with $43 billion in revenue last year. Sinopec Corp. is China's largest energy and chemical company, which owns 400 cement plants around the world with a total yearly output of 400 million tons. Other news: Hungary Enacts Law to Expand Nuclear Power With Russian Aid Hungary’s president has signed a bill into law to expand a nuclear power plant in the country with Russian assistance. Hungary Lawmakers OK Russia Nuclear Plant Deal Russia will provide Hungary a loan of up to 10 billion euros ($13.5 billion) - around 80 percent of construction costs. Russia to Lend Hungary $13.7Bln for Nuclear Plant The deal was announced during a state visit to Moscow by Hungarian Prime Minister Viktor Orban and was hailed by Russian President Vladimir Putin. |
Hero of the day We are currently working with the Nuclear Decommissioning Authority (NDA) on this approach, which was submitted in response to their February 2012 call for alternative proposals. We appreciate that the UK is in the early stages of their policy development activities and are pleased to be involved in such important work. INTERVIEW
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